Camden National (NASDAQ:CAC) vs. Its Rivals Financial Analysis

Camden National (NASDAQ: CAC) is one of 307 publicly-traded companies in the “Banks” industry, but how does it weigh in compared to its peers? We will compare Camden National to similar businesses based on the strength of its dividends, earnings, risk, profitability, valuation, institutional ownership and analyst recommendations.

Profitability

This table compares Camden National and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Camden National 24.70% 10.56% 1.07%
Camden National Competitors 18.40% 8.23% 0.93%

Dividends

Camden National pays an annual dividend of $1.00 per share and has a dividend yield of 2.3%. Camden National pays out 36.8% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 1.9% and pay out 35.1% of their earnings in the form of a dividend.

Institutional and Insider Ownership

63.4% of Camden National shares are owned by institutional investors. Comparatively, 52.0% of shares of all “Banks” companies are owned by institutional investors. 2.3% of Camden National shares are owned by company insiders. Comparatively, 10.4% of shares of all “Banks” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations for Camden National and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Camden National 0 1 0 0 2.00
Camden National Competitors 2418 8652 8641 370 2.35

Camden National currently has a consensus price target of $48.00, suggesting a potential upside of 11.89%. As a group, “Banks” companies have a potential downside of 11.44%. Given Camden National’s higher possible upside, equities research analysts clearly believe Camden National is more favorable than its peers.

Volatility and Risk

Camden National has a beta of 0.79, suggesting that its stock price is 21% less volatile than the S&P 500. Comparatively, Camden National’s peers have a beta of 0.79, suggesting that their average stock price is 21% less volatile than the S&P 500.

Earnings and Valuation

This table compares Camden National and its peers gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Camden National $169.25 million $40.06 million 15.77
Camden National Competitors $5.55 billion $833.70 million 394.67

Camden National’s peers have higher revenue and earnings than Camden National. Camden National is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

Camden National peers beat Camden National on 8 of the 15 factors compared.

About Camden National

Camden National Corporation is a bank holding company. The Company is a diversified financial services provider. The primary business of the Company and its subsidiary, Camden National Bank (the Bank), is to attract deposits from, and to extend loans to, consumer, institutional, municipal, non-profit and commercial customers. The Company, through the Bank, offers commercial and consumer banking products and services, and through Camden Financial Consultants and Camden National Wealth Management, divisions of the Bank, brokerage and insurance services, as well as investment management and fiduciary services. The Bank is a national banking association. The Company had 61 banking centers, 84 automated teller machines and three lending offices as of December 31, 2016. The Company operates and manages the Bank’s business within Maine’s various regions, including Mid Coast, Southern, Central, Bangor and Downeast. Healthcare Professional Funding Corporation is a subsidiary of the Bank.

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